Fisher signed an undisclosed contract with the team on Monday. He played nine games for Dallas earlier this season and averaged 8.6 points with 3.6 assists before asking for his release in December to return to his family in Los Angeles.

The 38-year-old veteran played 20 games in the regular season with the Thunder
last year after signing as a free agent in March, and also appeared in 20
playoff games.

"We are excited to welcome Derek back to the Thunder organization," said
general manager Sam Presti. "He contributed to our team in various ways last
season, and we are looking forward to him joining us again."

Fisher averaged 4.9 points and 1.4 assists for Oklahoma City during the
regular season, then increased his production during the playoffs by averaging
6.3 points as the Thunder advanced to the NBA Finals.

A five-time NBA champion with the Lakers, Fisher was traded by Los Angeles to
Houston at the deadline last year but never played for the Rockets. He was
bought of his contract and joined the Thunder for their stretch run.

Oklahoma City had a roster spot for another guard after sending Eric Maynor to
Portland at last week's trade deadline.

Fisher has career averages of 8.6 points and 3.1 assists in 17 NBA seasons
with the Lakers, Warriors, Jazz, Thunder and Mavericks.